The Plano Plan: Toyota to Work with JLL to Oversee Development of New Headquarters

News provided by

Sep 16, 2014, 12:00 ET

DALLAS, Sept. 16, 2014 /PRNewswire/ -- First they helped the world's largest automaker find the place; now they'll help with the space.

Real estate strategy firm JLL will be Toyota's third partner in building the company's new North American headquarters in Plano, Texas. Toyota has already tapped developer KDC and design firm Corgan. JLL will provide project management services, helping keep the enormous undertaking on track and on target.

The firm is quite familiar with the project; it helped Toyota analyze potential sites before the company closed in on the Plano plan.

"We are honored to partner with Toyota as they embark on the development of their new state-of-the-art headquarters in Plano," says JLL Managing Director Scott Boer. "We believe the values and principles our two companies share are a perfect match and will render an ideal workplace for Toyota and its associates far into the future."

"We are eager to move forward with the construction of our new headquarters with an experienced team that has a history of collaboration, like JLL and KDC," says Doug Beebe, Toyota Motor Sales, Inc., corporate manager of Administrative Services. "JLL is a recognized industry leader that will add tremendous value to our project by providing a single point of contact to handle the consolidation and development in Plano."

MEDIA CONTACTS:
Toyota: Javier Moreno – (469) 292-1027
JLL: Brittany Rugg – (214) 438-6437

About Toyota
Toyota (NYSE:TM), the world's top automaker and creator of the Prius, is committed to building vehicles for the way people live through our Toyota, Lexus and Scion brands. Over the past 50 years, we've built more than 25 million cars and trucks in North America, where we operate 14 manufacturing plants (10 in the U.S.) and directly employ more than 40,000 people (more than 32,000 in the U.S.). Our 1,800 North American dealerships (1,500 in the U.S.) sold more than 2.5 million cars and trucks (more than 2.2 million in the U.S.) in 2013 – and about 80 percent of all Toyota vehicles sold over the past 20 years are still on the road today.

Toyota partners with philanthropic organizations across the country, with a focus on education, safety and the environment. As part of this commitment, we share the company's extensive know-how garnered from building great cars and trucks to help community organizations and other nonprofits expand their ability to do good. For more information about Toyota, visit www.toyotanewsroom.com.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $50.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

Logo - http://photos.prnewswire.com/prnh/20130723/NY52092LOGO-a

SOURCE Toyota